Full-Time

Senior Claims Counsel

Confirmed live in the last 24 hours

Resilience Cyber Insurance

Resilience Cyber Insurance

201-500 employees

Cyber risk management and insurance solutions

Data & Analytics
Enterprise Software
Cybersecurity

Compensation Overview

$175k - $225kAnnually

Senior

New York, NY, USA

Hybrid position based in New York, NY.

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Data Analysis
Requirements
  • 8+ years of experience as a cyber insurance expert with a demonstrated ability to handle increasingly complex cases.
  • Prior experience with cyber claims handling, claims advocacy / cyber insurance coverage, a plus.
  • Expertise in handling third-party claims, especially in Technology Errors & Omissions.
  • Established connections within the cyber broking community, incident response, cybersecurity, and law firms.
  • Familiarity with Canadian market experience, a plus.
  • Juris Doctor (JD) degree from an accredited law school.
Responsibilities
  • Act as a member of the Resilience Claims' internal emergency response team.
  • Efficiently conduct investigations, negotiations, and oversee the management of cyber and Technology Errors & Omissions claims.
  • Apply expertise in insurance contracts, claims investigations, and vendor management to recommend appropriate claim reserves.
  • Evaluate primary and excess coverage, determine coverage, and prepare coverage-related communications.
  • Work in collaboration with Resilience's security and technology teams to offer policyholders preventative services, incident response, and enhance customer interaction.
  • Oversee the management of external privacy or defense counsel and other service providers during incidents, focusing on reducing losses.
  • Manage litigation and related expenses.
  • Ensure clear communication with various stakeholders, including insureds, brokers, vendors, underwriters, and other internal departments.
  • Keep claims files meticulously documented and accurate.
  • Coordinate with the underwriting team and utilize data/analytics to refine our risk selection approach, aiming to attract and retain quality business.
Resilience Cyber Insurance

Resilience Cyber Insurance

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Resilience Cyber provides a solution that combines cyber insurance with real-time data and analytics to help businesses manage cyber risks. Their platform allows insurers to better assess and underwrite cyber risks by offering tools for loss prevention, cyber risk quantification, and simulations of breaches and attacks. This approach helps organizations improve their cybersecurity measures and prepares them for potential cyber threats. Unlike many competitors, Resilience Cyber focuses on integrating proactive risk management with insurance, aiming to enhance the overall cyber resilience of their clients. The goal is to empower businesses to effectively navigate the complexities of cyber threats and minimize their impact.

Company Stage

Series D

Total Funding

$211.1M

Headquarters

St. Louis, Missouri

Founded

2016

Growth & Insights
Headcount

6 month growth

11%

1 year growth

14%

2 year growth

30%
Simplify Jobs

Simplify's Take

What believers are saying

  • The $100MM Series D funding round led by Intact Ventures and Lightspeed Venture Partners provides significant capital for global expansion and scaling.
  • The addition of Technology E&O coverage broadens Resilience's market reach, particularly among mid-sized and large enterprises.
  • Strategic hires like Dan Rance and senior appointments in underwriting, claims, distribution, and security bolster the company's expertise and operational capacity.

What critics are saying

  • The increasing frequency of cyber attacks, such as those by Scattered Spider, poses a constant threat to the company's clients and could impact its reputation.
  • The competitive landscape in cyber insurance and risk management is intense, with many players vying for market share.

What makes Resilience Cyber Insurance unique

  • Resilience Cyber Insurance uniquely combines cyber insurance with cyber risk management solutions, offering a holistic approach to managing cyber threats.
  • The company's recent launch of Technology Errors & Omissions (E&O) coverage sets it apart by addressing a historically challenging area for the insurance market.
  • Resilience's acquisition of BreachQuest enhances its incident preparedness capabilities, making it a more comprehensive solution provider in the cyber insurance space.

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